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· Private foundation

The Magnon Foundation

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$159k
Granted FY2024still arriving
5
Grants FY2024still arriving
2
States reached
$135k
Largest

Read this first · the figures below need context

85% of The Magnon Foundation’s FY2024 grant dollars went to Fidelity Investments Charitable Gift Fund, not to grantees.

Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2024 names 3 organizations directly, so a portfolio cannot be read from it.

Organizations named directly on the return

3
’18
0
’20
2
’21
2
’22
2
’23
3
’24

Amber years are those where most dollars went to a sponsor.

01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2024.

Philanthropy$1.0MArts & Culture$55kYouth Development$39kRecreation & Sports$5kHealth$5kEducation$1k
02FY2024 · 5 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k3 grants · $14k
  • $10k–50k1 grant · $10k
  • $50k–250k1 grant · $135k
$8,226
Median grant
2
States reached
$4.7M
Total assets
Largest grants
RecipientAmount
FIDELITY INVESTMENTS CHARITABLE GIFT FUND$135,000
PALM SPRINGS INTERNATIONAL FILM SOCIETY$10,000
BIG BROTHERS BIG SISTERS OF ORANGE COUNTY AND THE$8,226
Martin Luther King Jr High$5,000
RIVERSIDE COMMUNITY COLLEGE DISTRICT FOUNDATION$1,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY18–24) land where the poverty rate runs at 16%, against an area that typically sits at 9%. 99% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 9%FIDELITY INVESTMENTS CHARITABLE GIFT FUND: $210k → 16%NATIONAL PHILANTHROPIC TRUST: $10k → 7%BIG BROTHERS BIG SISTERS OF ORANGE COUNTY AND THE: $8k → 10%PALM SPRINGS INTERNATIONAL FILM SOCIETY: $10k → 11%FIDELITY INVESTMENTS CHARITABLE GIFT FUND: $205k → 16%BIG BROTHERS BIG SISTERS OF ORANGE COUNTY AND THE: $8k → 10%PALM SPRINGS INTERNATIONAL FILM SOCIETY: $10k → 11%FIDELITY INVESTMENTS CHARITABLE GIFT FUND: $182k → 16%BIG BROTHERS BIG SISTERS OF ORANGE COUNTY AND THE: $8k → 10%PALM SPRINGS INTERNATIONAL FILM SOCIETY: $10k → 11%FIDELITY INVESTMENTS CHARITABLE GIFT FUND: $104k → 16%BIG BROTHERS BIG SISTERS OF ORANGE COUNTY AND THE: $7k → 10%WALTERS CHILDRENS CHARITIES CLASSIC: $5k → 11%BIG BROTHERS BIG SISTERS OF ORANGE COUNTY AND THE: $3k → 10%RIVERSIDE MEDICAL CLINIC CHARITABLE FOUNDATION: $5k → 11%Martin Luther King Jr High: $5k → 11%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
04

Where the work is directed

The same grants placed two ways: where each recipient sits, and where its stated purpose sends the money.

About 92% of The Magnon Foundation’s grant dollars are earmarked for a different county than the recipient’s own address.

The Magnon Foundationlessmore of its giving
Placed by recipient address
How this is measured
Recipient view: each grant at its grantee’s ZIP, mapped to a county. Directed view: each grant at the county its stated purpose names, falling back to the recipient’s county when the purpose names no place; US grants only. A county shows only if it carries the top 95% of that view’s dollars. Purposes are read from the funder’s own 990 grant descriptions.
03Its grantees
04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Uc Riverside Foundation

To support educational, research and public functions and programs of the riverside campus of the university of california.

Education
2
Riverside Arts Council

The promotion of the arts and cultural life in the city and county of Riverside, California.

Arts & Culture
3
Riverside County Physicians Memorial Foundation

To engage in activities of a charitable and benevolent nature, including providing medical attention to underprivileged children, palliative support and education, scholarships and establishing commemorative programs.

Philanthropy
4
Riverside Public Library Foundation

To raise funds for the benefit of the city of riverside public library for both short-term operations and long-term purposes and to ensure the continued excellence of public library services for riverside, california residents.

Education
5
Associated Students University of California Riverside

To serve as the student government body at the university of california, riverside.

Education
6
University of California Irvine Foundation

The mission of the university of california, irvine foundation (uc irvine foundation) is to raise and manage private funds to support uc irvine's broader mission of excellence in teaching, research and public service. to this end, the uc…

Education
7
Florida West Coast Symphony Inc dba Sarasota Orchestra

The mission of the Sarasota Orchestra is to engage, educate and enrich our community through high quality live musical experiences. Sarasota Orchestra is committed to engaging our community with the highest standards in performing and…

Arts & Culture
8
Santa Fe Community Foundation

The santa fe community foundation inspires philanthropic generosity, strengthens nonprofits, and fosters positive change to build a more vibrant, healthy, and resilient region. the foundation's vision is a thriving northern new mexico,…

Philanthropy
9
Riverside County Medical Association

The purpose of this association is to promote the science and art of medicine, the care and well-being of patients, the protection of the public health, and the betterment of the medical profession; to cooperate with organizations of like…

—
10
Uc Santa Barbara Foundation

The uc santa barbara foundation actively works to further the goals of the university of california, santa barbara. the foundation seeks to maintain and nurture the university's quality and distinction. on behalf of the campus, the…

Education
11
Pitzer College

Pitzer College produces engaged socially responsible citizens of the world through an academically rigorous, interdisciplinary liberal arts education emphasizing social justice, intercultural understanding and environmental sensitivity.…

Education
12
Riverside Healthcare Foundation

The foundation was established to promote, by donation, loan or otherwise, educational programs, scientific research, treatment facilities, hospitals, rehabilitation centers, housing centers, human services programs and other charitable…

—
How this is measured
The grantee most central to the portfolio’s shape is Riverside Community College District Foundation; the most unlike its peers is Riverside County Philharmonic Assn Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
05the grantee network

8 grantees tracked through their own filings, 2017–2026.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2026, not grant rows in a single year, so this will not match the grant count on the cover. 8 of the 9 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
1
Early backer (in before they grew)
8/8
Grantees still filing
5/8
Grew since first funded

Where the money sits, by cause and then by grantee

FIDELITY INVESTMENTS CHARITABLE GIFT FUND: $1,031,928 · Community ImprovementFIDELITY INVESTMENTS CHARITABLE GIFT FUNDBIG BROTHERS BIG SISTERS OF ORANGE COUNTY AND THE INLAND EMPIRE INC: $33,651 · OtherMartin Luther King Jr High: $5,000 · Other+1 more: $1,000 · OtherPALM SPRINGS INTERNATIONAL FILM SOCIETY: $30,000 · Recreation & SportsRIVERSIDE COUNTY PHILHARMONIC ASSN INC: $25,000 · Arts & CultureNATIONAL PHILANTHROPIC TRUST: $10,000 · PhilanthropyRIVERSIDE MEDICAL CLINIC CHARITABLE FOUNDATION: $5,000 · HealthWalter's Children's Charities Classic: $5,000 · Health
Community Improvement$1,031,928Other$39,651Recreation & Sports$30,000Arts & Culture$25,000Philanthropy$10,000Health$10,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetFIDELITY INVESTMENTS CHARITABLE GIFT FUND: $1,031,928 over 6y, 0.0% of budgetBIG BROTHERS BIG SISTERS OF ORANGE COUNTY AND THE INLAND EMPIRE INC: $33,651 over 5y, 0.1% of budgetPALM SPRINGS INTERNATIONAL FILM SOCIETY: $30,000 over 3y, 3.6% of budgetRIVERSIDE COUNTY PHILHARMONIC ASSN INC: $25,000 over 1y, 6.3% of budgetNATIONAL PHILANTHROPIC TRUST: $10,000 over 1y, 0.0% of budgetRIVERSIDE MEDICAL CLINIC CHARITABLE FOUNDATION: $5,000 over 1y, 0.9% of budgetWalter's Children's Charities Classic: $5,000 over 1y, 1.6% of budgetRIVERSIDE COMMUNITY COLLEGE DISTRICT FOUNDATION: $1,000 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Fidelity Investments Charitable Gift FundMA6.1× affinity5 shared granteesties to 1 of 1Hover any node to trace its alignments.Compare side by side →

Open a dossier: Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization The Magnon Foundation funds: left to right is the share of its income from government, bottom to top the share from The Magnon Foundation. Bigger dots raise more.

2023
’20’21’22’23’24’25
no gov · 10%0%1%3%5%funder's share of their income ↑0%1%3%4%5%share of the org’s income from government →
    no gov moneyreceives it· size = income
    1get no government money at all
    4report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–5%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
    05Through Plinth

    Warm introductions · Powered by PlinthPlus

    How do I get to The Magnon Foundation?

    Find your warmest path to The Magnon Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

    Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 9 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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